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Informist, Friday, Jun. 5, 2026

 

MUMBAI – Investors in global gold exchange traded funds withdrew $1.47 billion on a net basis in the week ended May 29, data from World Gold Council showed. Inflows in gold ETFs were $681 million, while outflows were $2.15 billion. Investors in North America were the highest sellers, with withdrawals totalling $1.01 billion, followed by Asian countries with withdrawals of $463.9 million.

 

As on May 29, global ETF holding of gold was 4,120.8 tonnes, down 10.2 tonnes from a week ago, as investors booked profits.  

 

Gold ETFs in India faced a net redemption of $61.7 million during the week. At the end of the week, India's gold ETFs were holding 116.3 tonnes of the yellow metal, down 0.4 tonne from the week earlier.

 

Two of India's gold ETFs featured in the list of the world's top 10 gold ETFs in terms of flows. HSBC Gold ETF, at the second rank, witnessed a net inflow of $62.2 million during the week ended May 29, and was holding 0.4 tonne of gold at the end of the week, up 0.4 tonne from the previous week. At the tenth rank, ICICI Prudential Gold iWIN ETF had net inflow of $11.1. million, and was holding 17.4 tonnes of gold, up 0.1 tonne from the previous week.

 

Nippon India ETF Gold BeES was among the bottom 10 funds in terms of inflows. During the week ended May 29, it faced net outflow of $111.5 million. As on May 29, it held 35.8 tonnes of gold, down 0.7 tonne from a week earlier.

 

As reported by Informist on Thursday, India recorded a net monthly outflow of $61 million from gold exchange-traded funds in May, breaking a 12-month streak of inflows, as per WGC monthly data. This followed an import duty hike by the government on May 13 to 15% from 6%. "Gold ETFs experienced outflows following the import duty hike, with redemptions from 13-18 May largely reversing earlier gains," the council said, adding that investors redeemed funds to take profits from rising domestic gold price.  End

 

US$1 = INR 95.06

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Abhijit Doshi

Edited by Avishek Dutta

 

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